Investor alert: Lowe & Lane Asset Management

2006-09-27

Lowe & Lane Asset Management is not authorised by Finansinspektionen, and therefore not entitled to provide financial services.

Lowe & Lane Asset Management has a website (www.lowelane.com) where it claims to have following addresses:

  • 10 East Doty Street, Madison, Wl 53703, United States of America.
  • Taikoo Place, 979 Kings’ Road, Island East, Hong Kong.
 
Finansinspektionen has received information that Lowe & Lane Asset Management has approached investors in Sweden by telephone.

Lowe & Lane Asset Management offers the investor to sell his holding of shares in American OTC companies. But the investor has to pay a fee in advance, a "legend removal fee per share". It is a matter of advance fee fraud scheme.